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20130114
20130114
Search Results 0 to 6 of about 7
before, and have bid have a conversation on how we reduce our deficits further in a sensible way. -- i would have a conversation about how to reduce our deficits in a sensible way. we can talk about how we can make sure we finance our workers getting properly trained and are schools getting the education they deserve. there is a whole growth agenda that is important does well. -- as well. what you have not seen as the notion that has been presented so far by the republicans that deficit reduction will only cover spending cuts, that we will raise the debt ceiling dollar for dollar on spending cuts. there are a whole set of rules that have been established that are impossible to meet without doing severe damage to the economy. we're not going to put ourselves in a position where, in order to pay for the spending we have already incurred, where the two options are we were way to either profoundly hurt the economy, hurt seniors, hurt kids trying to go to college or we will blow up the economy. we will not do that. not whatever congress does. they will have to send me something that is sens
it different from the others that weren't? >> well, what makes it different is we have no deficit due to years of budget cuts and due to the new tax revenues we're realizing from voters' approval of proposition 30 in november and essentially as he said, this is a breakthrough. it's not without risks. he was careful to caution. it's only january. this is only the start of the budget process. we all mull it over see how the numbers develop. he puts out his may revision then the legislature starts fight over it and hopefully we have a document enacted by the end of june. we're only at the very beginning. there are a lot of risks along the way. there's a federal deficit that needs to be contended with that can have a lot of impact on the way the state gets and spends its money. the economic recovery is still sort of slow and struggling upward and any reversal on that could spell a change in our state revenues. the federal government or the courts could have a problem with some of the proposed budget cuts that we have made or want to make. it's happened a lot over the last few years. and increasing
the purchasing power to sustain a persistent rise from price inflation. lori: the deficit crisis crisis, and unemployment, debt to the atp number is the normal. >> with a new treasury secretary who will drive a hard bargain. that does not improve the outlook. lori: you would not vote for him if you have the opportunity? >> i will pass. lori: thank you for coming. another shooting at and school yesterday what drives our kids to bring the guns to school? said treasury secretary picked republicans are not a fan of the man who produced three balanced budgets. three balanced budgets. next. this is $100,000. three balanced budgets. next. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolving with beats audio. wireless charging activated. introducing droid dna by htc. it's
to sustain a persistent rise from price inflation. lori: the deficit crisis crisis, and unemployment, debt to the atp number is the normal. >> with a new treasury secretary who will drive a hard bargain. that does not improve the outlook. lori: you would not vote for him if you have the opportunity? >> i will pass. lori: thank you for coming. another shooting at and school yesterday what drives our kids to bring the guns to school? said treasury secretary picked republicans are not a fan of the man who produced three balanced budgets. three balanced budgets. next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. and i wished it would just go away. [rock music playing] it was my adhd. and like many kids with adhd, i didn't outgrow it. one of the issues i had was not being able to focus. i would read and i would reread the same sentence. you'd read it over and over and over again. and
for the taxpayers' use or the expression goes, to reduce the federal deficit. >> thank you, gentleman. i yield back, mr. chairman. >> mr. hastings. >> i don't have any questions. >> thank you very much. without a doubt of funds, which i'm working on, -- [inaudible] [laughter] >> thank you, mr. chairman. i ask that the gentleman, i know he's speaking on behalf of the constituents when we bring the amendment to the bill, the size of the package with the addition of your amendment, becomes larger than many entire appropriations bills. $60 billion. that's larger than homeland security appropriations bill. mr. king, that's larger than the financial services appropriation bill. that's larger than the state department foreign operations appropriations bill. these are bills from which this congress deliberates for months. hearing the chairman say before you came up to testify that he was committed to making sure that your folks get those things that they need. hearing the priorities that everyone has laid out, knowing these are not optional things that are needed, these are mandatory things that are need
, but $120 billion a year. our deficit is 1.2. all they're talking about 10% of the problem. the people don't understand. they think the 1.2 is equal to the deficit. it's only 10% of the deficit. my solution is to raise taxes by $300 billion and cut spending by $900. -- by $900 billion. i find the american public is not very smart. host: you know, that is -- the educational question is a fundamental question. here's what happens. let's talk in practical terms and not a theoretical terms. when paul ryan came out with his budget, he had some substantial changes in medicare and medicaid. over time they would've been phased in. no one over the age of 55 would've been affected by them, giving you time to really prepare for your retirement. the changes were relatively minor in the short run, but compounded over the next 20 years would've made a real difference in our indebtedness. that is not the kind of debate we had last year either at the presidential or senatorial congressional level. it was this. people want to change medicare want to push ganny. off a people who want to change medicaid are
. that california is nowhere near balancing the budget. they have had multibillion-dollar deficits in the past. what i like to do, some of my friends who don't believe taxes matter including the guy in the white house, i say if you don't think taxes matter and affect behavior, explain to me, bill, why it is there has been about 500,000 new jobs over the last 10 years created in texas with no income tax and where california lost about 500,000 jobs? there is lot of factors but i think taxes are one of them. bill: 13% for california. if that is the case they leapfrogged hawaii. matt, give you the last point. if bobby jindal gets his way do folks in louisiana have a better chance at tracking jobs? >> absolutely yes. look at call to, what jerry brown is doing is short-term fix. bringing money by increasing taxes but the long-term effect jobs will leave, people will leave and hurt the economy long term. bill: matt, thank you. steve moore, thank you as well. e-mail is hemmer@foxnews.com. viewers on home on twitter that follow me, @billhemmer, file your one word, not one word, one line. martha: one word is
Search Results 0 to 6 of about 7